Tuesday, October 29, 2024

Aircraft Brackets Market Growth, Size, Share, Trends, Key Players Analysis, and Forecast till 2031

The aircraft brackets market size is projected to reach US$ 512.2 million by 2031 from US$ 324.2 million in 2023. The market is expected to register a CAGR of 5.9% during 2023–2031. The increasing adoption of lightweight material based aircraft brackets is likely to remain a key trend in the market.

Read more - https://finance.yahoo.com/news/aircraft-brackets-market-size-worth-150500000.html

Aircraft Brackets Market Analysis

The increasing number of orders of narrow body and wide body aircraft in the commercial aircraft segment is one of the prime driving factors for the aircraft brackets market globally. Additionally, in 2023, the overall general aviation shipments have witnessed an increase, when compared to 2022. The shipments and preliminary aircraft deliveries accounted for US$ 28.3 billion, an increase of ~3.3%.

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